The Alpenglow proposal has finally passed, and now Solana is really going to implement a decision that goes against its roots. But at this moment, you might be wondering: why? Why babe why? Solana is already fast enough, why perform heart surgery at this critical juncture? To be honest, I have a feeling that after the meme era, Solana is playing a bigger game, and the long-term focus on the Meme concept has backfired. Founder Toly has explicitly stated the need to break away from the "Meme" concept. Now, Solana aims to play the ICM (Internet Capital Market) card, and we’ll see if we can extract any useful information from the threads of information. Let’s break it down: Solana's POH block confirmation time is 12.8 seconds, and with the Alpenglow upgrade, it has been shortened to 0.1 - 0.15 seconds. In comparison, Hyperliquid is at 0.2 seconds, Sui is at 0.4 seconds, and Monad is at 1 second. Additionally, Solana has been working on significantly improving inter-node communication with DoubleZero, and currently, 14.51% of Solana's mainnet nodes have been integrated. In simple terms, DZ has opened a dedicated line for Solana node communication. For detailed reference, check out my analysis from March: Faster, even faster! Solana's technical direction this year is all about being faster. Looking at Hyperliquid, with Perpdex being so popular right now, it can make money and bring liquidity to the ecosystem. Who wouldn’t be envious? CZ even mentioned in Japan that the future is the era of DEX. However, a 12.8-second confirmation time for POH is too slow for a high-speed order book. You can think of it this way: placing an order on Solana takes 12.8 seconds to be considered truly opened or successfully traded. Although Jupiter's solution uses optimistic confirmation and the rollback probability on Solana is very low, transactions cannot afford any delay or rollback. Within that 12.8 seconds of confirmation time, many block transactions (about 32 blocks) need to occur, and we can't consider all transactions within those 32 blocks as invalid in special cases. After the upgrade, blocks are confirmed almost immediately, and transactions take effect right away, which meets the minimum technical requirements for Perpdex. Moreover, we all know that Jump is part of the Solana faction, and the recently proposed DFBA model is also focused on Perpdex. It can now be said that the DFBA exchange Jump is working on can only be on two chains: Solana or Monad (both founders of Monad are former Jump employees). See details: We can boldly speculate that the Solana ecosystem is going to heavily bet on Perpdex, but it’s definitely not an all-in gamble. Many early projects are in their budding stages, and it’s wise to support only those that are performing well. What Solana has been shouting about ICM is certainly not just a slogan; the primary condition for entry is to present excellent examples of Perpdex before discussing rapid transactions for RWA on-chain. Looking at Jump, they also want to encourage DFBA-type exchanges, playing the "friendly to market makers" card to gain initial liquidity. Combining both, it seems to me that the goal is to explore DFBA matching engine exchanges on Solana as much as possible, which could be the next big opportunity for capital influx. Having said all this, I suddenly remember a conversation in May with someone over tea and drinks. He mentioned that the competition for Perpdex in the future will only become more intense, leading to a life-and-death struggle. At that time, I didn’t quite understand, but participating in Lighter gave me a strong feeling about it. From what I know, many capital players and big shots are gearing up to enter the field. The current competition is really just beginning. If one day DEX truly has deposit and withdrawal functions, CEX will face a significant wave of elimination. Let’s wait and see!